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FenixCapital

BTCUSD Bullish Fundamentals

Long
Bitcoin (COINBASE:BTCUSD)  
FenixCapital  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Fundamental Analysis Bitcoin (Cryptocurrency) BTCUSD fenix
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trendanalysis chartpattern fundamental bitcoin btcusd fenix
With the announcement of yet another CFTC approved BTC exchange, technical factors are signalling a potential turnaround point.

Healthy pull back off recent highs:

1) 200D Moving Average Support (and 4H 200 & 12H 50)
2) Volume indicating maintained bullishness through consolidation/move down
3) Trendline breakout support
4) Horrizontal breakout support
5) RSI 1D Divergence support


|Rise Like a Phoenix From the Ashes|
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